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Published on 12/5/2019 in the Prospect News Emerging Markets Daily.

New Issue: Ocean Funding 2019-1 sells $200 million 10-year floaters

By Marisa Wong

Los Angeles, Dec. 5 – Ocean Funding 2019-1 priced $200 million of floating-rate secured notes due December 2029, according to a notice.

BNP Paribas, Hong Kong Branch is the bookrunner.

The issuer is based in George Town, Grand Cayman.

Issuer:Ocean Funding 2019-1
Issue:Floating-rate secured notes
Amount:$200 million
Maturity:Dec. 17, 2029
Bookrunner:BNP Paribas, Hong Kong Branch
Settlement date:Dec. 5
Listing:Singapore Exchange Ltd.

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